Shivanshi Verma, Co-founder and CEO of Health Tick, is an inspiring entrepreneur dedicated to revolutionizing healthcare through technology and behavioral psychology. An alumnus of the Indian Institute of Technology, Ropar, she has a remarkable journey that began with her first startup endeavor during her first year of college. Although that initial venture did not succeed, it paved the way for a renewed focus on the healthcare sector, motivated by personal experiences and a desire to improve the lives of others. With Health Tick, Shivanshi combines her passion for entrepreneurship and technology to create a healthier world. Here are her insights for aspiring entrepreneurs:
1. Embrace Failure as a Learning Tool
Every entrepreneur faces setbacks. My first company taught me invaluable lessons about resilience and the intricacies of running a business. Rather than being discouraged by failure, use it as a stepping stone to better understand your market and refine your approach.
2. Identify a Problem You’re Passionate About
Choosing to enter the healthcare industry stemmed from a personal background—I saw the impact of chronic health issues in my family. Identify a problem that resonates with you on a personal level, as this will drive your passion and commitment to create meaningful solutions.
3. Combine Technology with Human-Centered Solutions
In today’s digital age, leveraging technology is crucial. However, combining technology with psychology and human understanding can lead to disruptive and impactful solutions. This combination is at the core of what we do at Health Tick, ensuring that our users feel supported and engaged in their health journey.
4. Focus on Key Aspects of Health
When creating a product, especially in health and wellness, it is important to consider all aspects of a person’s lifestyle. At Health Tick, we concentrate on four pillars: nutrition, physical activity, stress management, and sleep, as these elements are interconnected and vital for overall well-being.
5. Test and Iterate Your Product
Launch your product quickly to start gathering user feedback. The sooner you can iterate based on real user experiences, the more effective your solution will become. Iteration leads to an improved product that meets the needs of your audience better.
6. Build a Strong Team
Surround yourself with a talented and diverse team. A strong team not only brings different perspectives but also shares the workload, allowing you to focus on strategic growth. Collaboration is key to overcoming challenges.
7. Keep the User Experience in Mind
In the development of applications and services, a seamless user experience is paramount. Make sure your solutions are user-friendly and engaging. The easier it is for users to access information and tools, the more likely they are to achieve their health goals.
8. Champion Health Goals with Community
Encourage users to pursue their health goals through community support. Health Tick not only provides personalized solutions but also fosters a community of users who can motivate and inspire each other.
9. Stay Adaptable
The business landscape is constantly changing. Be prepared to pivot your strategy as necessary based on market trends and user feedback. Flexibility is critical for long-term success in entrepreneurship.
10. Maintain Your Vision
Finally, stay true to your vision and mission. While it’s essential to adapt and evolve, keeping your core purpose intact will guide your decisions and inspire your team and users.
In conclusion, Shivanshi Verma’s journey emphasizes the importance of resilience, innovation, and user-centered solutions in entrepreneurship. Her experiences provide a roadmap for aspiring entrepreneurs looking to make a meaningful impact, especially in the health and wellness sector. Remember, every challenge can be a learning opportunity, and with determination and focus, your vision can lead to transformative change.